At approximately 12:30pm Central on Wednesday, October 10, the ferocity of Hurricane Michael tore through Panama City Beach, Fla. and communities to the north and east of this one-time Spring Break Capital of the U.S., made famous by MTV and Club La Vela.
All local media was silenced, including four FMs owned by Baton Rouge-based Powell Broadcasting Company. Faced with rebuilding the station’s facilities or abandoning them, Powell elected the latter, even as one of the stations was being prepped for sale to Educational Media Foundation.
Now, Powell has reached a deal to sell the remaining three FMs, with Kalil & Co. as the broker of record.
